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BharatPe is a QR code-based payment app for offline businessmen and retailers. The Fintech startup makes payment acceptance simple by offering merchants a single QR to accept all payment apps such as PayTm, PhonePe, Google Pay, BHIM and 150+ other UPI apps. This service is provided to the merchants for free. Along with offering easy and interoperable QR codes for effortless UPI payments, BharatPe also extends Bharat Swipe (POS machine) for card acceptance and small business financing. Furthermore, the company also offers merchant loans of up to Rs 7 lakhs that can be availed for a duration of 3 to 12 months. It is headquartered in New Delhi. Till March 2021, it has expanded its network to 100 cities across India including Tier 2, Tier 3 cities. In June 2021, RBI issues an in-principle approval to Centrum Financial Services Limited to establish a small finance bank with BharatPe.The company then went ahead to acquire Payback India from American Express and ICICI Investments Strategic Fund. BharatPe founders were Ashneer Grover, Bhavik Koladiya, and Shashvat Nakrani. However, with Ashneer's resignation dated February 28, 2022, BharatPe lists Bhavik and Shashvat as its Co-founders. Suhail Sameer is the CEO of the company. Along with Ashneer Grover, his wife Madhuri Jain Grover also quit as the Head of Controls, amidst the controversy. More

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  • Now, second BharatPe founder Shashvat Nakrani to sue Ashneer Grover March 23, 2023 11:02 AM IST

    Now, second BharatPe founder Shashvat Nakrani to sue Ashneer Grover

    The move comes two months after Bhavik Koladiya filed a case against Grover, demanding that the former managing director give back the shares he had allegedly not paid for

  • Ashneer Grover hits out at BharatPe for 'new case' filed against him 'every week' March 22, 2023 06:14 PM IST

    Ashneer Grover hits out at BharatPe for 'new case' filed against him 'every week'

    Ashneer Grover and BharatPe are engaged in a bitter battle with the fintech firm seeking up to Rs 88 crore in damages from Grover and his family.

  • ‘High Court first, then…’: Ashneer Grover’s unique celebration with son after school result March 17, 2023 11:50 AM IST

    ‘High Court first, then…’: Ashneer Grover’s unique celebration with son after school result

    Many applauded Ashneer Grover for teaching some important lessons to his son early on in life and giving him real life experiences.

  • Ashneer Grover says his wife is among highest female taxpayers in India March 16, 2023 07:38 AM IST

    Ashneer Grover says his wife is among highest female taxpayers in India

    Ashneer Grover has that said his wife, Madhuri Jain Grover, is one of the highest female taxpayers in the country.

  • Ashneer Grover to media: Don’t use photos of my ‘older, fatter self’ March 14, 2023 01:34 PM IST

    Ashneer Grover to media: Don’t use photos of my ‘older, fatter self’

    Ashneer Grover on Twitter: "Nothing is more offensive to me than seeing my older fatter self after losing 15 kgs".

  • Ashneer Grover case | 'We are further away from a settlement,' says BharatPe lawyer March 14, 2023 11:54 AM IST

    Ashneer Grover case | 'We are further away from a settlement,' says BharatPe lawyer

    BharatPe sought up to Rs 88 crore in damages from the Grovers and other family members on allegations that the Grover family created fake bills, enlisted fictitious vendors to provide services to the company, and overcharged the company for recruitment

  • Only topline important, not bottomline being propounded by VCs is like a Ponzi scheme: NR Narayana Murthy March 02, 2023 07:02 PM IST

    Only topline important, not bottomline being propounded by VCs is like a Ponzi scheme: NR Narayana Murthy

    In response to a question on balancing the aspirations of startups to grow as quickly as possible versus keeping costs in check, Murthy held the investors responsible.

  • As UPI goes global, what’s in it for Indian businesses? February 27, 2023 09:51 AM IST

    As UPI goes global, what’s in it for Indian businesses?

    UPI’s become ubiquitous as a payment system in India and is taking gradual but sure steps towards global adoption

  • Why Ashneer Grover didn't accept Ernst & Young offer: 'Full of dead bodies' February 24, 2023 04:13 PM IST

    Why Ashneer Grover didn't accept Ernst & Young offer: 'Full of dead bodies'

    Recalling his visit to the Ernst & Young office, Ashneer Grover claimed he found that there was complete silence there. “I took one round of the office, pretended that I had chest pain and left.”

  • Big 4 auditors need to double down on diligence to net willful fraudsters, says Sequoia Capital’s Rajan Anandan February 22, 2023 06:17 AM IST

    Big 4 auditors need to double down on diligence to net willful fraudsters, says Sequoia Capital’s Rajan Anandan

    Sequoia Capital’s Rajan Anandan stated that the ecosystem should focus on startups much earlier in terms of governance practices that need to be put in place.

  • BharatPe appoints ex-SBI Cards executive Aparna Kuppuswamy as chief risk officer February 20, 2023 04:45 PM IST

    BharatPe appoints ex-SBI Cards executive Aparna Kuppuswamy as chief risk officer

    Kuppuswamy will be working closely with the CFO and interim CEO, Nalin Negi, to further build a robust lending vertical at BharatPe, the fintech unicorn said in a statement.

  • BharatPe fight escalates: Ashneer Grover writes to NPCI, independent director alleging data theft by Bhavik Koladiya February 09, 2023 04:46 PM IST

    BharatPe fight escalates: Ashneer Grover writes to NPCI, independent director alleging data theft by Bhavik Koladiya

    Ashneer Grover has alleged that there is a serious breach of data of over 150 million UPI users at BharatPe by Bhavik Koladiya.

  • Ashneer Grover has a tip for DigiYatra users: 'Save yourself from last-minute inconvenience' February 09, 2023 01:40 PM IST

    Ashneer Grover has a tip for DigiYatra users: 'Save yourself from last-minute inconvenience'

    Ashneer Grover wrote, "Hey DigiYatra users! The app won’t work after the new update."

  • BharatPe filings reveal salaries of Ashneer, Suhail and Rajnish January 28, 2023 07:27 AM IST

    BharatPe filings reveal salaries of Ashneer, Suhail and Rajnish

    Grover, who is battling multiple legal proceedings brought on by BharatPe, had raised concerns over Rs 315 crore of ESOPs being granted to BharatPe’s top brass in FY22

  • BharatPe appoints 3 top executives in compliance and governance roles January 24, 2023 03:03 PM IST

    BharatPe appoints 3 top executives in compliance and governance roles

    The company does not have a new CEO yet after the stepping down of Suhail Sameer earlier this month

  • GoMechanic fraud: How chasing growth at all costs brought down a rising startup January 20, 2023 07:08 AM IST

    GoMechanic fraud: How chasing growth at all costs brought down a rising startup

    GoMechanic had all the right mix to be a pioneer in the garage services business. It had the first-mover advantage, IIM A-graduate founders, big names of the VC world either invested or interested, a strong customer base, and a network of nearly 1,000 garages across 40 cities in place. Yet things went downhill.

  • Ashneer Grover recalls how he met his wife: 'When I saw her, I knew I wanted to marry her' January 18, 2023 03:50 PM IST

    Ashneer Grover recalls how he met his wife: 'When I saw her, I knew I wanted to marry her'

    Ashneer Grover said that although he would keep asking Madhuri Jain out for dates, initially she was very apprehensive of him.

  • Delhi court tells Ashneer Grover to not create third party rights on BharatPe shares January 18, 2023 01:52 PM IST

    Delhi court tells Ashneer Grover to not create third party rights on BharatPe shares

    Fresh trouble for Ashneer Grover as co-founder claims back 3% of BharatPe shares

  • BharatPe founder Bhavik Koladiya sues Ashneer Grover over share dispute: Report January 17, 2023 10:38 PM IST

    BharatPe founder Bhavik Koladiya sues Ashneer Grover over share dispute: Report

    As per the report, Koladiya seeks to reclaim his shares in the company and the case is up for hearing in the Delhi High Court on January 18

  • BharatPe gets in-principle approval from RBI to operate as online payment aggregator January 10, 2023 04:23 PM IST

    BharatPe gets in-principle approval from RBI to operate as online payment aggregator

    A payment aggregator provides payment services to merchants and e-commerce sites by accepting payment instruments from customers. They pool the funds received from customers and transfer them to merchants after a certain time.

  • BharatPe row: Delhi High Court asks Ashneer Grover to ‘maintain decorum’ on social media January 10, 2023 08:18 AM IST

    BharatPe row: Delhi High Court asks Ashneer Grover to ‘maintain decorum’ on social media

    The Delhi High Court has asked ousted BharatPe founder Ashneer Grover to “maintain decorum” on social media.

  • Delhi HC grants 3 more weeks to Grovers for response to BharatPe petition January 09, 2023 02:27 PM IST

    Delhi HC grants 3 more weeks to Grovers for response to BharatPe petition

    BharatPe filed civil and criminal suits against the defendants Grover, Jain and her brother Shwetank Jain, her sister’s husband Deepak Gupta, and her father Suresh Jain, in addition to a complaint filed with the Economic Offences Wing (EOW).

  • BharatPe Chairman Rajnish Kumar: I'll never stoop to Ashneer Grover's level, I don't change my colours January 05, 2023 04:47 PM IST

    BharatPe Chairman Rajnish Kumar: I'll never stoop to Ashneer Grover's level, I don't change my colours

    Ousted BhratPe co-founder Ashneer Grover had tweeted that Rajnish Kumar was his biggest hiring mistake

  • How BharatPe racked up Rs 5,594 crore loss in FY22 January 05, 2023 01:15 PM IST

    How BharatPe racked up Rs 5,594 crore loss in FY22

    Almost 85 percent of the loss amount was because of change in value of preference shares

  • MC Exclusive | BharatPe's Rajnish Kumar denies leadership crisis, looks for fresh talent January 05, 2023 11:33 AM IST

    MC Exclusive | BharatPe's Rajnish Kumar denies leadership crisis, looks for fresh talent

    On January 3, CEO Suhail Sameer stepped down, following a series of other senior level exits in the company